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Reuters: China and Japan hail U.S. mortgage bailout as doubts linger

Started by chris, September 08, 2008, 10:00:24 AM

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chris

China and Japan hail U.S. mortgage bailout as doubts linger
      


TOKYO (Reuters) - China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors harbored no illusions the bailout would end the global credit market misery.
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